I know this may sound redundant, but western Canadian feeder cattle traded $2 to $5 higher last week and in some cases as much as $10 above week-ago levels. Strong gains were noted across the Prairies on all weight categories. Feather-light steer calves under 500 pounds touched the magical $400 level in eastern regions; 700-lb. […] Read more
Klassen: Expansionary activity drives feeder market higher
Klassen: Feeder cattle upward momentum continues
Western Canadian feeder cattle prices were quite volatile over the past week, trading steady to $8 higher in some cases. Noticeable gains were seen on cattle under 700 pounds, which traded $3 to $8 higher compared to week-ago levels. Cattle over 700 lbs. were $3 to $4 higher in Saskatchewan and Manitoba, while shorter-keep replacements […] Read more
Klassen: Record fed prices lead feeder market higher
Western Canada’s feeder cattle prices traded $3 to $5 higher over the past week, with lighter weight categories under 700 pounds jumping $8 to $10 in some cases. Renewed buying interest surfaced based on strength in Alberta fed cattle prices, which traded as high as $198. Improving feedlot margins in the nearby and deferred positions […] Read more
Klassen: Feeder cattle jump $4 to $6 in West
Western Canadian feeder cattle prices jumped $4-$6 over the past week as strengthening feeding margins enhanced buying interest for replacement cattle. Noticeable gains were noted in eastern Saskatchewan and Manitoba early in the week and Alberta markets followed the charge higher. Cattle buyers in southwestern Manitoba reported mixed steers averaging 900 pounds readily trading from […] Read more
Klassen: Stronger demand lifts feeder cattle prices
Western Canada’s feeder cattle prices were quite volatile over the past week, experiencing various surges on firm momentum from seven days earlier. In southeastern Saskatchewan and Manitoba, calves under 650 pounds were averaging $5 to $8 above week-ago levels on solid U.S. buying interest. Calves under 400 lbs. were touching the $380-$390 levels in this […] Read more
Futurist to beef producers: Global trends are your friends
Bob Treadway says global demand should stay strong and sustainable beef is a winner, but COOL won’t be solved for a while
Reading Time: 2 minutes It’s a good time to be a beef producer, but keep an eye on long-term trends. That’s the message futurist Bob Treadway brought to the Alberta Beef Industry Conference last month. “I think there’s a bright future ahead. In the animal protein sector, I think you’re where the crop producers were six years ago,” he […] Read more
Klassen: Higher fed cattle prices pull up feeder values
Fed cattle in Alberta were trading at $191 this past week, which set a positive tone in the feeder complex. Across the Prairies, heavier quality replacements over 700 pounds posted gains of $2 to $4 while lighter-weight cattle were $3 to $5 higher compared to seven days earlier. Feedlot margins improved with break-even pen closeouts […] Read more
The three basic rules of selling cattle
The key to long-term success is to pay attention to the basic marketing tools you need to stay in the game
Reading Time: 4 minutes The spike in cattle prices has led to some earnest soul-searching on farms and ranches. The concern is not so much in whether to buy or sell, but the longevity of high prices. How do we stay in the game for the long run? That is the question that has been asked of me in […] Read more
Klassen: Demand varies for feeder cattle
Western Canadian feeder cattle prices were quite variable over the past week. Stronger demand was noted in the major feeding regions such as southern Alberta where top-quality steers weighing just over 600 pounds reached $288. Manitoba prices were also steady to $3 higher on buying interest from Eastern Canada and south of the border. However, […] Read more
Klassen: Feeder cattle market stabilizes
Western Canadian feeder cattle prices were relatively unchanged this past week after a surge in buying interest earlier in February. Certain auction markets reported values $2 to $5 higher in Alberta, but other reports from Saskatchewan and Manitoba were actually a bit softer. A smaller group of exotic steers weighing just under 500 pounds sold […] Read more
Cyber-Savvy Farmer
